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REALTORS® Reported Strong Buyer Traffic in Most States in June 2015

In almost all states, REALTORS® reported strong buyer traffic in June 2015, according to the June 2015 REALTORS® Confidence Index Survey Report. Seller traffic was reported to be broadly “moderate” to “strong” in states such as Utah, Texas, South...

REALTORS® Expect a “Strong” Market Over Next Six Months in Many States

In June 2015, REALTORS® were by and large “strongly confident” about the outlook over the next six months compared to a year ago, according to the June 2015 REALTORS® Confidence Index Survey Report.[1] The maps show the REALTOR® Confidence Index Six-Month Outlook across...

Despite Rising Prices, 63 Percent of Properties Sold at a Discount in May 2015

Although prices are on the uptrend, about 63 percent of properties sold at a discount compared to the listing price, according to the May 2015 REALTORS® Confidence Index Survey. The price discount is typically in the range of 1...

Reasons that Foreigners Purchase U.S. Existing Homes

Foreigners purchase properties in the U.S. for residential, investment, and vacation purposes, according to NAR’s 2015 Profile of Home Buying Activity of International Clients.  About 46 percent of reported international transactions were intended for primary residences.  About 20 percent...

REALTORS® Report Improving Seller Traffic in Some States in May 2015

In a monthly survey about local market conditions, NAR asks REALTORS®: “How do you rate the past month’s traffic in the neighborhood(s) or area(s) where you make most of your sales?”  An index greater than 50 indicates that more REALTOR®...